You may want to take a fresh look at business opportunities and investments in India, if a new World Bank report is to be believed. In November 2001, Goldman Sachs published a landmark paper where they identified India, along with Brazil, China, and Russia as the four “BRIC” economies that...
India Holds $124 Billion in U.S. Securities
The most recent data available with the U.S. Treasury Department shows that India increased its holding of American government securities to $124.1 billion at the end of April, a $7 billion increase from the previous month. Among the BRIC nations, India had the third largest exposure to the U.S. government...
In 2016, India Held $118.2 Billion U.S. Government Securities
Data available with the U.S. Treasury Department showed that India was the 12th largest holder of U.S. government securities at the end of 2016, with exposure worth $118.2 billion in December. Among the BRIC countries, India stood at 3rd place after China and Brazil in terms of exposure. The Economic...
India's Motherson Sumi Acquires Finland's Automotive company
Noida, India-based automotive component firm Motherson Sumi Systems, a joint venture between its parent Samvardhana Motherson Group and Sumitomo Wiring Systems of Japan, acquired Finland’s PKC Group Plc for about $609 million. “We are very happy to announce that we have successfully acquired 93.75 per cent shareholding in the PKC...
India’s Growth Shatters Auto Sales Records
More than three million cars were sold last year in India, a 6.4% increase over 2014, according to Euromonitor. Sales are expected to grow by 4.7% in 2016 as buyers are encouraged by lower fuel prices and reduced interest rates, reports CNN Money. “We are going to see a flood...
Global Executives Rate India as Most Attractive Investment Destination
32 percent of 505 global investors named India as the favored market for investment according to a survey published by accounting firm Ernst & Young. China was second with 15 percent of the vote, followed by S.E. Asia, Brazil and N. America. “There is no doubt that interest in India...